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$699,000

NAL Estimated Property Value

3931 Alpha Way, Midlothian, TX, 76065

$835,266 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.89 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size1 acre

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.9043.000.027.00.108 01
Lot Number27
SubdivisionVictory Ests Ph Iv
Land UseReal Res Single-Family Imp
Legal DescriptionLOT 27 VICTORY ESTS PH IV 1.0 AC - UDI: 50.000000%
Census Tract060702
Assessed Land Value$72,500
Assessed Improvement Value$158,058
Assessment Year2025

About this property

NO CITY TAXES. NO HOA. $5000 buyer incentive available. Nestled on a full acre in the highly sought-after Midlothian ISD and zoned for Heritage High School, this 5-bedroom, 3.5-bathroom home offers over 4,000 square feet of thoughtfully designed living space. A sparkling in-ground pool anchors the expansive backyard and oversized covered patio, perfect for entertaining guests or unwinding after a long day. Inside, freshly painted interiors create a bright, move-in-ready canvas ready for your personal touch. The generous floor plan provides room for everyone to spread out, with five spacious bedrooms and three and a half well-appointed bathrooms offering both comfort and convenience. One of the property's most unique features is the private attached suite, complete with its own electric gate and separate entrance ideal for multigenerational living, a home office, guest quarters, or even a rental opportunity. The flexibility this space offers is truly unmatched. This property checks every box for discerning buyers seeking space, value, and long-term investment potential.

Investor Tools

Property Icon
$699,000
Estimated Property Value
$200,586Estimated Mortgage Balance
$499,523Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$835,266
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$230,558
2025
$72,500
$158,058
$230,558
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$230,558

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$256,000
No
First
Apr 13, 2016
May 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,586
$1,466,414
87%
29%
$1,535/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,535/mo
+$485/mo
3.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Midlothian

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3931 Alpha Way | Property Details | No Agent List